Full text of G.16 Retail Furniture Report : May 7, 1962

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FEDERAL
statistical

6.16;

RESERVE

release

- 1

May 7, 1962
RETAII^JTOIirEPRB REPORT FOR MARCH 1962

%

Toijal accounts receivable at reporting furniture stores
NL
declined .2
cent in i larch and were 3 per cent above the yearearlier level. Collections on instalment accounts were 12 per cent
of the outstandings at the beginning of the month.
Sales at reporting- stores increased 17 per cent ovsr the
aonth-ago level and remained above the volume in March 1951.

Furniture Store Statistics for ICarch 1962
-

em

Percentage increase or
decrease (-) from:
Year
Month
ago
ago

Net sales during month
Total
Cash
Instalment
Charge account

H

17
15

15

2
2

.2
0

I

12

16

Accounts receivable, at end of month
Total
Instalment
Charge account

Collection ratios on instalment accounts l/

11

8

10

March

Feb.

March

1962

1962

1961

12

11

12

i
l/ Collections during month as percentage of accounts outstanding at
beginning of month.




G.16

- 2 Rli/TAIL FiraiiTljR7: 370R13 - M C H

1962

Total .Vet Sties
I ?ercent^^;j Tacroass cr decrease (-) from:
j Jan.,-Karch I36I
Year
Month
to
ago
afeO
Jan..-March 1962

• Reserve
District

i
!

Boston
Mew York
PhiIndelphia
Cleveland
Richrion-J
Atlanta
Chicago
St. Louis
Minneapolis
Kcnsas City
Dallas
San Francisco

I

U.S.. Total

Federal
Reserve
District

I
!
!
t
j

5

29
24
22
22
8
9
28
7

1
!

16

i

>

!

15

i

"

5
20
11
33
19

8
6

35
17
12
19
- 1
-

18

10

16
4
- 9
4
16
13

8
11

!

18
; 12
12

.

14

Percentage increase or decrease \-) fror:
I-Ionth
1
Year
ego
jago

Boston
New York
Philadelphia
Cleveland
Richmond
Atlanta
Chicago
St. Louis
Minneapolis
Kansas City
Dallas
San Francisco

-3
-2
-1
-2
-3
-2
-1
-3
-4
-2
-2
0

7
-2
0
- 8
0
2
1 - 1
-14
- 6
3
4

U.S. Total

-2

0